Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the proportion of farms in Northern Ireland that will be adversely affected by the changes to agricultural property relief announced in the Budget.

The Government published information about the reforms to agricultural property relief and business property relief on gov.uk.

It is expected that up to around 2,000 estates will be affected by the changes to APR and BPR. Up to around 520 of these are expected to relate to claims for APR (including those that also claim for BPR), and this number falls to around 430 when claims that include AIM shares are excluded. Almost three-quarters of estates claiming agricultural property relief (or those claiming agricultural property relief and business property relief together) each year are expected to be unaffected by these reforms.